ShiftPixy Inc Profit margin

What is the Profit margin of ShiftPixy Inc?

The Profit margin of ShiftPixy Inc is -196.31%

What is the definition of Profit margin?



Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.

lfy (last fiscal year)

Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.

Profit margin of companies in the Industrials sector on NASDAQ compared to ShiftPixy Inc

What does ShiftPixy Inc do?

shiftpixy is enabling gig economy participation and engagement for your business designed to sync work opportunities from job providers with the open time slots of available shift workers. shiftpixy manages relationships with job providers to take open shift opportunities that are filling their schedules and offer them as work opportunities to qualified workers without the formal job interview and commitments. the shiftpixy app allows shift workers to enroll, profile and prequalify based on their work and training experience for open shift opportunities. “shifters” can earn provider specific qualifications to boost their score and access to more shift opportunities.

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